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MSNBC Chris Jansing Reports June 4, 2024 18:09:00

Represented the fewest hirings since december of 2020. over the last year job gains have averaged about 312,000 per month, so to put that number in perspective, job gains for the previous two months were revised lower as well. nonetheless the unemployment rate ticked lower to 3.5%, hovering near a historic low. wages grew more than expected up 4.4% over last year and for the federal reserve, the slowdown in hiring is likely a welcome sign as it looks to cool the labor market. it s the wage gains that will be in focus. those may signal that additional interest rate hikes could be needed to staunch price pressures since the central banks does see labor costs as a contributor to inflation. another metric in focus, labor force participation stood at 62.6% for the fifth straight month now. this speaks to the fact that there are perspective workers that just aren t participating in the job market right now, ....

Job Gains , December Of 2020 , Labor Market , Federal Reserve , Unemployment Rate , 3 5 , Price Pressures , Interest Rate Hikes , Labor Costs , Aren T , Job Market , Perspective Workers , Labor Force , 62 6 ,

CNN CNN News Central June 4, 2024 18:45:00

And coordinator of the child labor coalition. reed, thank you so much for being with us. why do you think there s been a significant increase in illegal child hirings in recent years? well, employers are citing a labor shortage, but we don t think they should be balk that shortage on the back of teen workers. we think they should be raising wages. we think that comprehensive immigration reform could supply adequate workers for these jobs that most americans don t want to take. and in some cases we have seen deaths, right? yeah, we ve lost three 16-year-olds this summer, one in a saul mill in wisconsin, one in a landfill in missouri, and one in a poultry plant in mississippi. really horrific, tragic deaths. involving heavy machinery, obviously serious consequences when you re talking about those kinds of accidents here. by june of 2023, you had several ....

U S , Reed Makie , Child Labor Coalition , Teen Workers , Immigration Reform , Labor Shortage , Saul Mill , Poultry Plant , Heavy Machinery , June Of 2023 ,

MSNBC Chris Jansing Reports June 4, 2024 17:15:00

Behemoth. certainly that s what they sold to donors. now in the aftermath of those q2 numbers is that the burn rate within the desantis campaign, the sheer quickness with which they re spending cash has donors concerned. clearly we re watching them now begin the process of offloading about a dozen or so staff to try to make their operation more lean. look, all of us are aware of the comparisons that desantis faced when he first got into this race, the idea that people were thinking about him as a governor scott walker type. a man who comes into the field with a lot of fanfare, a lot of expectation but builds the campaign to be too top-heavy. in this case when you look at desantis before the hirings having more than 90 people on his campaign payroll, almost double than that of his competitors, it s a question of whether they developed too soon. stewart stephens, you re somebody who has been a ....

Ron Desantis , Spending Cash , Burn Rate , All Of Us , Scott Walker , Campaign Payroll , Stewart Stephens ,